Canongate’s White Horse Bar sold as an investment

A high quality hospitality business in the heart of Edinburgh’s Old Town, the White Horse Oyster & Seafood Bar, has been sold as an investment via Graham + Sibbald.

Situated on The Royal Mile, at 266 Canongate, within walking distance of Edinburgh Castle, the ‘modern and well presented unit’ is currently leased to a local multiple unit operator who runs three establishments within Edinburgh.

Licenced trade and business agent with Graham + Sibbald, Martin Sutherland, commented: “We were instructed to openly market this investment for our clients and we received great interest from several parties.

“This was a seldom available opportunity on one of the busiest streets in the UK. Our clients accepted an offer from a client of James Murray of Fidra Property and we entered into legals at that point. We are pleased to say the deal was completed to the satisfaction of both parties.”

The purchase price was not disclosed – but Graham + Sibbald had been inviting offers over £1,200,000.